NOT LISTED FOR SALE

5 Embury Ave Unit AVE 1/2 Ocean Grove, NJ 07756

Neptune Neighborhood

Estimated Value: $1,879,000

5 Beds
3.5 Baths
1,220 Sq Ft
$1,540/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $1,300,000 $1,066 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $11,874/month

14 Days on Market

Highlights

  • Ocean View
  • New Kitchen
  • Victorian Architecture
  • Oceanside
  • Wood Flooring
  • 4-minute walk to Ocean Grove Park

About This Home

As of January 2022

Panoramic Ocean Views from 3 open porches will welcome you at this Ocean Grove Classic Victorian beauty! Located only steps to the beach, 2 blocks to main Ave, and a short distance to Asbury Park. Open floor plan and expansive fenced in front yard for easy entertaining. 5 bedrooms and 3.5 baths allow room for all your family and friends. 4 of the bedrooms offer porch access to enjoy your morning coffee or evening glass of wine. This ocean side home is move in ready and suitable for year round beach living or as a second home that you can enjoy as you please and rent out as needed to help with carrying cost. Call today for easy showing!

Last Listed By

Alfredo Fresnedo

RE/MAX Gateway License #8333376 Listed on: 09/02/2021

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,408

Year Built

  • Built in 1904

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 26 x 40
  • Land Lease

Parking

  • No Garage

Home Design

  • Victorian Architecture
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Ocean Views
  • Unfinished Basement

Kitchen

  • New Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Oceanside
  • Porch

Schools

  • Neptune Middle School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00212-0000-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,408

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Ocean Block, Oceanside, Leased Land
  • Subdivision Name: Ocean Grove
  • Architectural Style: Victorian
  • Year Built: 1904
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.02
  • General Property Info Lot Dimensions: 26 x 40
  • Location Middle School: Neptune
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Lot Description Leased Land: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 3
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.02
  • Waterfront Features: Oceanside/Beach Blk, Oceanview
  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Land Lease: Yes
  • Lot Dimensions: 26 x 40
  • Lot Size Sq Ft: 871.2
  • Parcel #: 35-00212-0000-00016

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 17408.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2010
Sold by
G S Realty Corp
Bought by
Matrixx Llc
Total Days on Market
14
Current Estimated Value
$1,879,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 17, 2004
Sold by
Wmg Llc
Bought by
Dwek Properties Llc

Purchase Details

Closed on
Jun 30, 1997
Sold by
Wilson Helen
Bought by
Bmb Land Management

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 1997
Sold by
Kohlmeyer Eric
Bought by
Royal H L Boyer and Royal Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Matrixx Llc $140,000 Old Republic National Title
Dwek Properties Llc $162,500 --
Bmb Land Management $44,000 --
Royal H L Boyer $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fishman Beth $999,000
Closed Philo Jeremy D $800,000
Closed Philo Jeremy D $700,000
Closed Matrixx Llc $112,000
Previous Owner Royal H L Boyer $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $1,300,000 -13.3% $1,066 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $1,499,000 +71.3% $1,229 / Sq Ft
08/20/2014 08/20/14 Sold $875,000 -- $717 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,477 $1,220,900 $659,100 $561,800
2023 $17,477 $985,200 $659,100 $326,100
2022 $17,621 $961,100 $626,700 $334,400
2021 $17,621 $848,400 $591,300 $257,100
2020 $17,408 $834,900 $591,300 $243,600
2019 $17,324 $819,900 $591,300 $228,600
2018 $17,466 $818,100 $591,300 $226,800
2017 $12,083 $542,800 $332,800 $210,000
2016 $12,031 $539,500 $332,800 $206,700
Source: Public Records

Agents Affiliated with this Home

  • Alfredo Fresnedo

    Seller's Agent in 2022

    Alfredo Fresnedo

    RE/MAX

    (732) 763-2961

    54 in this area

    70 Total Sales

    Alfredo Fresnedo
    Section Image
  • Michele DeRose

    Buyer's Agent in 2022

    Michele DeRose

    RE/MAX

    (732) 682-6483

    15 in this area

    24 Total Sales

    Michele DeRose
    Section Image

  • K

    Seller's Agent in 2014

    Karen Pentz

    James J. Pentz, REALTORS

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22129157

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00212-0000-00016

New Jersey Monmouth County Ocean Grove 07756 Neptune

5 Embury Ave Unit AVE 1/2, Ocean Grove, NJ

Homes for Sale in Ocean Grove, NJ

This home is located at 5 Embury Ave Unit AVE 1/2, Ocean Grove, NJ 07756 since 02 September 2021 and is currently estimated at $1,879,000, approximately $1,540 per square foot. This property was built in 1904. 5 Embury Ave Unit AVE 1/2 is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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